Prudential Financial eyes stake in ABC Life for China expansion
US insurer Prudential Financial is exploring the option of acquiring a minority stake in China-based ABC Life Insurance, reported Bloomberg…
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AIA in advanced discussions to acquire Philippines’ MediCard
Hong Kong-based life insurance company AIA Group has outbid other insurers and investment funds for buying MediCard Philippines and is…
Chubb in talks with Hang Seng Bank for bancassurance partnership
Property and casualty insurance giant Chubb is in advanced talks to form a bancassurance partnership with Hang Seng Bank, Bloomberg reported citing unnamed sources. The…
South Korea’s general insurance market growth sparks interest among foreign investors
GlobalData forecasts that South Korea’s general insurance market will experience healthy growth, recording a compound annual growth rate (CAGR) of…
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Indian insurtech Zopper raises $75m in Series C funding
Indian insurance technology startup Zopper has raised $75m in a Series C funding round led by Creaegis. ICICI Venture and…
India’s Religare to raise $38m for health insurance business
Indian financial services company Religare is looking to raise INR3bn ($37.64m) via rights issue to support its health insurance business, Mint reported, citing executive…
MetLife’s virtual hackathon to tap tech talent in Malaysia
Insurance company MetLife has announced plans to conduct a virtual hackathon in Malaysia as part of its efforts to welcome…
SB Finance partners FWD on group credit life insurance
Security Bank business unit SB Finance is bringing the provision of group credit life insurance as a voluntary add-on to…